How to Become a Tax Return Preparer
Becoming a tax professional is a great way to make some money during tax time. Tax return preparers help individuals and small businesses file their federal and state tax returns. If you have an interest in this field, you can get the required training and start providing this high demand service while making money for yourself.
- Find out about your state's requirements. Although requirements for becoming licensed vary from state to state, there are some basic steps they all have in common. Find out the specific requirements in your own state, and satisfy them. Generally, you must have a high school diploma, be 18 years or older and have successfully completed a tax-preparation training, which is usually a minimum of about 80 hours. The training is offered at community colleges and vocational schools.
- Apply for your state license. Submit your certificate of completion and register with your state. Upon completion of the training program, you can obtain a Certificate of Completion which you will need to send to your state, along with your license application. Once you have fulfilled all requirements, you can then register as a tax preparer.
- Learn how to file documents electronically. Many clients will prefer to have their tax return filed electronically for faster processing, so they will receive their refund sooner. Visit the IRS website to learn the process of electronic filing of documents. It is a good idea to get a laptop as this will enable you to work from any location you want.
- Become a certified tax professional. You can take apply to take the Internal Revenue Service certification examination. Once you have passed this examination, you will become certified. Upon receiving your certification, you can work as a certified tax professional.